Amerisur Resources Share Discussion Threads

[paradores] 22/7/2019 11:07

40-50pc upside from the post Indico share price high would be a solid starting point IMO aka 28-30p.

As noted we’re way too low here. Mr Market obviously isn’t convinced the BoD are serious about following through. IMO he’s wrong - this time it’s for real.

Brown envelope time.

[fatgreek] 22/7/2019 11:05

Looking good

[maywillow] 22/7/2019 10:53

dgarvey
22 Jul '19 - 10:51 - 21654 of 21654
0 0 0
Investegate Alerts&utm_medium=Email&utm_content=Announcement Alert Mail&utm_campaign=Maurel & Prom Alert

[dgarvey] 22/7/2019 10:53

Certainly puts some if the rampers to shame but even I think it's a cheeky offer.

[dgarvey] 22/7/2019 10:51

https://www.investegate.co.uk/maurel---prom/amer/possible-offer-for-amerisur-resources-plc/201907220700051989G/?fe=1&utm_source=FE Investegate Alerts&utm_medium=Email&utm_content=Announcement Alert Mail&utm_campaign=Maurel & Prom Alert

[sportbilly1976] 22/7/2019 10:51

source of rumour?


cudmore22 Jul '19 - 10:29 - 21642 of 21652
0 1 0
24p offer rumoured!!!!!!!!!!!!!!!!!!

[retailronnie] 22/7/2019 10:46

It's a screaming buy.

Just like last year below 10p and then gain post Indico result.

Downside is what? 17p?

Upside is .... take your pick, but 20p easy.

Just can't see OXY letting the operator of their blocks getting taken out so cheap.

[lucyp00p] 22/7/2019 10:46

They won't let us sell the CPO5 interest on the cheap, unless it's sold to them.

[paradores] 22/7/2019 10:44

Re Sol-1, if it were a dud, and ONGC obviously want that AMER 30% ahead of the 1st Indico appraisal, you can bet your life they’d be all too pleased to announce the fact, like yesterday!

They’re being a bit cute IMO. Prob is that particular ‘play’ window has now closed. Results well overdue - prepping dual-zone tap possible.

[pauliewonder] 22/7/2019 10:40

I agree. That is hugely bullish and cannot believe that we are at these low levels. Price of oil likely to go through the roof with the Iran tensions, so this makes any future oil revenues more profitable. All coming at a good time.

No idea how many interested parties are involved but clearly the management are confident, and why not. Value always outs in the end, and we may well be close to it here.

[nigelpm] 22/7/2019 10:36

What nigelpm has just posted is extremely bullish.

Indeed - never seen anything like it - but those are the words of the management - not mine.

[cudmore] 22/7/2019 10:35

Buyers piling in now. Even at 24p I wouldn’t be surprised if they turned it down.

[gemlotte55] 22/7/2019 10:34

What nigelpm has just posted is extremely bullish.

[fatgreek] 22/7/2019 10:32

Moving up nicely now lots of buys coming through

[bibdaddy] 22/7/2019 10:32

Where is the rumour coming from?

[cudmore] 22/7/2019 10:29

24p offer rumoured!!!!!!!!!!!!!!!!!!

[nigelpm] 22/7/2019 10:25

Goodness me!


The Board can confirm that a number of conversations have taken place since the announcement of the competitive Formal Sales Process with counterparties who have expressed their interest in participating and it is confident that a competitive process involving several of these potential counterparties can be completed to the benefit of all shareholders.

That is phenomenally bullish. 17.6 to buy with an offer already at 17p.

[fadilz] 22/7/2019 10:22

AMER: 'Shareholders are strongly advised to take no action in respect of the Possible Offer.'

The more that sell low, the lower the final price, presumably.

Sit tight.

[lucyp00p] 22/7/2019 10:13

Don't be surprised that there's some stake building going on, after all, if you're a predator, we are still selling pounds for pennies. No need to wait on GC, soon they will become irrelevant anyway

[d1nga] 22/7/2019 10:07

Only if there is something good to release :-)

[fatgreek] 22/7/2019 10:00

Would be nice if they released Sol results too

[pre] 22/7/2019 09:58

There was another 500k buy at 17.72 just a short while ago...someone buying all they can...

[juuunx2] 22/7/2019 09:57

I wonder what the board will let it go for? They must have a figure in mind??

[cudmore] 22/7/2019 09:56

Someone piling in here. Who is building a stake? Mm’s won’t be able to keep the lid on here. 20p by lunchtime?????